Singapore Workmen’s Compensation Insurance

As an employer in Singapore no matter how many staff you employ you need adequate employer’s liability insurance. A workmans compensation insurance policy protects you and your business whenever an employee is injured or cannot work. The Work Injury Compensation Act was designed to compensate for any loss of income and to provide medical benefits to employees that are injured during the course of their work. It is ensures that income benefits are provided to the dependants of the employee.

It is a serious offence to avoid paying adequate insurance for your staff, with a fine of up to S$10,000 as well as a potential jail term of up to one year. This form of insurance is essential for every business and gives great peace of mind, knowing that you are covered for all eventualities.

 

 

There are many other forms of business insurance policy available, including the following:

Business Insurance
Small Business Insurance
Commercial Insurance
Cyber Liability Insurance
Director Insurance
Directors and Officers Insurance

Employers Liability Insurance
Errors and Omissions Insurance
Indemnity Insurance
Liability Cover
Professional Indemnity Insurance
Public Liability Insurance Cover

 

 

Get Protected Now!

Protecting the future of your business is vital. There are any number of things that can destroy a business in an instant. Avoid such costly mistakes and insure your future prosperity and livelihood.

 

 

 

 

 

Get low cost Singapore Workmens Compensation Insurance, quickly and easily by filling out the form below.


 Business insurance offers companies protection against losses due to unforseen circumstances such as business interruption, staff problems, lawsuits, injury to employees, and even death. For certain types of business activity, insurance can be regulated by the government. This means that while some forms of business insurance are optional, other forms may be mandatory.

 
Few businesses can afford to operate without this essential form of insurance, and you should have suitable policies in place. Without adequate insurance your business could face financial ruin should it needs to settle a claim by itself, out of it’s own funds.

 
Get Protected Today!